The page contains information about the authorisation process of the supervisory authority regarding the exemption from the application of a risk weight of 0 % for fully consolidated domestic entities within the group pursuant to Article 113 (6) CRR
Pursuant to Article 113 (6) of Council Regulation (EU) No. 575/2013 (CRR) credit institutions shall be required to request approval from the supervisory authorities for fully consolidated domestic entities within the group. A timeframe of six months shall generally apply for this procedure from the date of submission of the complete application.
Submission of complete documentation by the parent institution (in the case of a horizontal group of entities, by the consolidating entity) via the Incoming Platform – please note that the time period for the procedure shall only begin once all documentation has been submitted. The documentation to be submitted consists of:
The Financial Market Authority reserves the right to place additional requirements or to request additional proof from the institutions during the authorisation process.